The CARES Act provided funds for many people to raise stimulus funds (formerly known as financial influence funds) of up to $ 1,200 per adult and $ 500 for each eligible child. And in mid-April, the IRS launched a web portal, commonly known as Get My Cost, that allowed people to see when their dunning review can be posted to their checking account.
In the overwhelming majority of cases, there were no surprises. The IRS extracted the financial institution’s data from each taxpayer’s most recent return and directly deposited the dunning fee into the same account the taxpayer’s last refund was made.
However, this method is not good. Some people log into the Get My Cost portal only to verify that their dunning review has already been sent – to a checking account that they don’t recognize or use.
If this happens to you, here’s some quick info that will help you understand why it might have happened, and when you can count on getting your money’s worth.
Image provision: Getty Photos.

I do not recognize the checking account to which my dunning charges were sent
Consider these eventualities:
You hired a tax preparer to submit your most recent tax return (2019 or 2018), and instead of being prepared for the IRS to process your tax refund, you got a loan or repayment anticipation review.
When you filed your 2018 or 2019 income tax return, you chose to load your refund on a debit card as you go instead of depositing it in a regular checking account. When you got the refund and used the money, you didn’t use the box at all.
While you filed your 2018 and 2019 income tax return, your refund was directly deposited into your checking account. However, you have since closed this account and moved to another monetary institution.
In any of these cases, the IRS would not have your right or would not submit direct deposit data. The problem is, the IRS mechanically uses the financial institution’s data from your 2019 tax return (or 2018 if you haven’t filed your 2019 taxes yet) to send your stimulus analysis.
What happens next?
First of all, take a deep breath. If any of these conditions apply to you, your dunning fees aren’t just gone astray. It just complicates the method a bit.
If the checking account your dunning charge is sent to is closed or not active, the monetary institution is required to reject the deposit and return the money to the IRS. If your charges went to a closed or inactive account, you can confirm that the charges were reimbursed on the Get My Cost portal as quickly as the IRS processes the returned charges (which may take a few days).
After the IRS processes the return, a review can be mailed to you, and the Get My Cost portal will replicate it as well. The charges can be sent to the case on your most up-to-date tax return, so if you’ve moved not that long ago it’s critical to make sure you’ve organized your mail to forward – if you haven’t, the US Postal Service allows you to do it online. In response to the IRS, your charges may be sent to the “Case on the 2019 or 2018 income tax return, or the case registered with the US Postal Service – whichever is more.”
An important note: If this has happened more than a week or so in the past and you haven’t seen the up-to-date “postage” in Get My Cost, it’s a good idea to review. The device was up-to-date as of April 21 to replicate the up-to-date “postage” for taxpayers whose preliminary direct deposits had been rejected. You’ll also receive a letter in the mail within 15 days of paying your fee, which will even state how the fee was billed and the correct way to report if you still haven’t received the fee by that time.
It is not an ideal system, but you will get your money’s worth
The CARES Act provided around $ 300 billion for stimulus funds, and there is no strategy to distribute that much money to 150 million households in a short period of time without a few points. Primarily, the Treasury and IRS determined what was the most environmentally friendly and effective strategy for getting money into the arms of most households, and depositing the funds directly using the knowledge that the IRS already had was by far the fastest method.
And to be fair, the numbers reproduce that – over 88 million stimulus funds had already been dispersed each week after the primary funds came out. If the IRS had tried to manually collect and ensure current data from all eligible people, the method arguably would have taken much longer.
Unfortunately, this has also led to some people’s funds being sent to financial institution accounts that are not being used. While it takes a little longer to get your stimulus fee in the form of a review, don’t worry – the money is on its way or could be soon.